RE: 3rd party monthly payment plans

Our third party vendor disburses monthly. It includes payments they
received after their last disbursement to us and will include payment
they have received up to 3 days prior to the actual disbursement to UNCW

Dana
 
Dana R. Harris
Director of Student Accounts
(910) 962-7503
(910) 962-7402 Fax

-----Original Message-----
From: bursar-l-bounces@list.mail.Virginia.EDU
[mailto:bursar-l-bounces@list.mail.Virginia.EDU] On Behalf Of Linda
Anderson
Sent: Thursday, October 20, 2005 12:15 PM
To: bursar-l@virginia.edu
Subject: 3rd party monthly payment plans

All

For those of you who have contracted with a third party to provide your
students with monthly payment plans, how long does the 3rd party retain
the
funds before sending them to your institution? Typically I have seen 28

days as the normal float. Please respond if you have these types of
arrangements with external companies. Thanks very much

Linda Anderson
Director of Enrollment Services
Carnegie Mellon University
Received on Thu Oct 20 16:01:12 2005